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171 S Franklin Street

Hempstead, NY 11550
  • $925,777
  • STATUS: Active
  • ON SITE: 94 Days
  • MLS #: 911557
UPDATED: 68 min ago
$925,777
  • 0
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1926
County:
Area:

School Ratings & Info

Description

This profitable commercial property features a double store on the ground floor, currently operating as a grocery and deli, with two newly renovated apartments above—a two-bedroom and a three-bedroom. The building boasts a new roof with warranty and is located on a corner across from new developments, with more projects underway. A new charter school is just a block away in this vibrant area, close to buses, schools, and the train. The owner is motivated to sell, with current rents at $3800 for the deli/grocery, $2000 for the two-bedroom, and $2700 for the three-bedroom, all occupied by long-term tenants with rental increases. The basement and backyard offer potential for extra income. Priced to sell—don't miss out!

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© 2025 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Your New York NextHome Brokers. Data last updated: 2025-12-15T14:17:37.2.
www.selectyournexthome.com/homes/167827272
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171 S Franklin Street Hempstead, NY 11550

  • Price: $925,777
  • Status: Active
  • On Site: 94 Days
  • Updated: 68 min ago
  • MLS #: 911557
0
Beds
0
Baths
0
½ Baths
0.07
Acres
1926
Built
Neighborhood:
Hempstead
County:
Nassau
Area:
Hempstead
Property Description
This profitable commercial property features a double store on the ground floor, currently operating as a grocery and deli, with two newly renovated apartments above—a two-bedroom and a three-bedroom. The building boasts a new roof with warranty and is located on a corner across from new developments, with more projects underway. A new charter school is just a block away in this vibrant area, close to buses, schools, and the train. The owner is motivated to sell, with current rents at $3800 for the deli/grocery, $2000 for the two-bedroom, and $2700 for the three-bedroom, all occupied by long-term tenants with rental increases. The basement and backyard offer potential for extra income. Priced to sell—don't miss out!
Exterior Features

Construction Materials Cedar Property Attached YN No Waterfront YN No

Interior Features

Basement Details Full Basement YN Yes Cooling Multi UnitsSeparate Meters

Property Features

Building Area Total 4200 Heating Natural Gas Lot Size Area 2926 Property Sub Type Multi Family Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 28860 Tax Source Municipality Utilities Cable ConnectedElectricity ConnectedNatural Gas ConnectedPhone ConnectedSewer ConnectedTrash Collection PublicWater Connected Village Hempstead Water Source Public

Listing courtesy of Aziz S. Qaud of Keller Williams Realty Greater: 516-873-7100
© 2025 OneKey MLS. All rights reserved.


© 2025 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Your New York NextHome Brokers. Data last updated: 2025-12-15T14:17:37.2.
 
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1225 Franklin Ave #325
Garden City NY, 11530